FTS-PH.TO vs. PDIV.TO

Last updated Jul 14, 2026

FTS-PH.TO (Fortis Inc.) is a stock, while PDIV.TO (Purpose Enhanced Dividend Fund ETF) is Dividend fund actively managed by Purpose Investments. Over the past 10 years, FTS-PH.TO returned 7.80%/yr vs 9.09%/yr for PDIV.TO. At a 0.11 correlation, their price movements are largely independent.

Performance

FTS-PH.TO vs. PDIV.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Fortis Inc. (FTS-PH.TO) and Purpose Enhanced Dividend Fund ETF (PDIV.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTS-PH.TO achieves a 9.03% return, which is significantly lower than PDIV.TO's 9.98% return. Over the past 10 years, FTS-PH.TO has underperformed PDIV.TO with an annualized return of 7.80%, while PDIV.TO has yielded a comparatively higher 9.09% annualized return.

FTS-PH.TO

• 1D: -0.05%
• 1M: -1.65%
• 6M: 7.73%
• YTD: 9.03%
• 1Y: 18.37%
• 3Y*: 20.87%
• 5Y*: 8.92%
• 10Y*: 7.80%

PDIV.TO

• 1D: 0.10%
• 1M: 1.93%
• 6M: 8.83%
• YTD: 9.98%
• 1Y: 20.05%
• 3Y*: 12.11%
• 5Y*: 7.93%
• 10Y*: 9.09%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FTS-PH.TO vs. PDIV.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTS-PH.TO Fortis Inc.	9.03%	20.68%	29.63%	10.82%	-25.81%	57.73%	-13.39%	-6.17%	-13.55%	32.24%
PDIV.TO Purpose Enhanced Dividend Fund ETF	9.98%	14.66%	10.71%	4.64%	-4.39%	20.18%	-1.15%	23.57%	-15.24%	26.84%

Correlation

The correlation between FTS-PH.TO and PDIV.TO is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (5Y) Calculated over the trailing 5-year period	0.13
Correlation (10Y) Calculated over the trailing 10-year period	0.12
Correlation (All Time) Calculated using the full available price history since Feb 20, 2013	0.11

Return for Risk

FTS-PH.TO vs. PDIV.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FTS-PH.TO

FTS-PH.TO Risk / Return Rank: 89
FTS-PH.TO Sharpe Ratio Rank: 88
FTS-PH.TO Sortino Ratio Rank: 86
FTS-PH.TO Omega Ratio Rank: 87
FTS-PH.TO Calmar Ratio Rank: 89
FTS-PH.TO Martin Ratio Rank: 93

PDIV.TO

PDIV.TO Risk / Return Rank: 92
PDIV.TO Sharpe Ratio Rank: 95
PDIV.TO Sortino Ratio Rank: 95
PDIV.TO Omega Ratio Rank: 95
PDIV.TO Calmar Ratio Rank: 86
PDIV.TO Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FTS-PH.TO vs. PDIV.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fortis Inc. (FTS-PH.TO) and Purpose Enhanced Dividend Fund ETF (PDIV.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FTS-PH.TO	PDIV.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.69	2.93	-1.23
Sortino ratio: Return per unit of downside risk	2.43	4.06	-1.63
Omega ratio: Gain probability vs. loss probability	1.34	1.60	-0.26
Calmar ratio: Return relative to maximum drawdown	3.41	3.82	-0.41
Martin ratio: Return relative to average drawdown	11.86	16.66	-4.81

FTS-PH.TO vs. PDIV.TO - Sharpe Ratio Comparison

The current FTS-PH.TO Sharpe Ratio is 1.69, which is lower than the PDIV.TO Sharpe Ratio of 2.93. The chart below compares the historical Sharpe Ratios of FTS-PH.TO and PDIV.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FTS-PH.TO vs. PDIV.TO - Drawdown Comparison

The maximum FTS-PH.TO drawdown since its inception was -56.23%, which is greater than PDIV.TO's maximum drawdown of -30.64%. Use the drawdown chart below to compare losses from any high point for FTS-PH.TO and PDIV.TO.

Drawdown Indicators

	FTS-PH.TO	PDIV.TO	Difference
Max Drawdown Largest peak-to-trough decline	-56.23%	-30.64%	-25.59%
Max Drawdown (1Y) Largest decline over 1 year	-5.41%	-5.27%	-0.14%
Max Drawdown (3Y) Largest decline over 3 years	-15.64%	-8.82%	-6.82%
Max Drawdown (5Y) Largest decline over 5 years	-33.79%	-15.93%	-17.86%
Max Drawdown (10Y) Largest decline over 10 years	-52.44%	-30.64%	-21.80%
Current Drawdown Current decline from peak	-4.94%	0.00%	-4.94%
Average Drawdown Average peak-to-trough decline	-17.77%	-4.33%	-13.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.55%	1.21%	+0.34%

Volatility

FTS-PH.TO vs. PDIV.TO - Volatility Comparison

Fortis Inc. (FTS-PH.TO) has a higher volatility of 3.25% compared to Purpose Enhanced Dividend Fund ETF (PDIV.TO) at 1.42%. This indicates that FTS-PH.TO's price experiences larger fluctuations and is considered to be riskier than PDIV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTS-PH.TO	PDIV.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.25%	1.42%	+1.83%
Volatility (6M) Calculated over the trailing 6-month period	8.43%	5.50%	+2.93%
Volatility (1Y) Calculated over the trailing 1-year period	10.91%	6.89%	+4.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.69%	10.06%	+7.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.21%	13.91%	+7.30%

Dividends

FTS-PH.TO vs. PDIV.TO - Dividend Comparison

FTS-PH.TO's dividend yield for the trailing twelve months is around 5.17%, less than PDIV.TO's 11.66% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTS-PH.TO Fortis Inc.	5.17%	3.96%	2.79%	3.51%	3.75%	2.70%	4.88%	4.63%	4.15%	3.46%	4.41%	7.57%
PDIV.TO Purpose Enhanced Dividend Fund ETF	11.66%	11.23%	12.35%	11.84%	6.38%	5.59%	6.33%	5.85%	6.80%	25.71%	5.38%	8.10%

Frequently Asked Questions

Can I hold both FTS-PH.TO and PDIV.TO in my portfolio?

FTS-PH.TO and PDIV.TO have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.